selling my home. who should be monitoring contract? ensuring all items are being

  1. profile image48
    clrhflowerposted 7 years ago

    selling my home. who should be monitoring contract? ensuring all items are being executed for sale?

  2. Brigitte Thompson profile image81
    Brigitte Thompsonposted 7 years ago

    In the State of Texas, your Listing Agent or Broker should be monitoring the sales contract, to insure all oblations in the agreed upon written sales contract are executed in a timely manner.  Receipt of contract, earnest money collected and deposited with the Escrow Agent (in Texas this is usually the Title company), receipt of Option fee and distributed to seller. Allow access to property for home inspectors, appraisers, pest inspection and or treatment if necessary, surveyors, and repairmen if needed.  Follow up with Buyer's Agent to insure that the buyers request are taken care of, and keep the seller informed with the results above mentioned transactions.


    From there the Title Company (escrow agent) is responsible for the transfer and recording of Title and Deeds.

    Let me know if this information answered your questions.

 
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